Hutchison Port Holdings Trust

Hutchison Port Holdings Trust's reported carbon emissions

Hutchison Port Holdings Trust (HPHT), an inland water transportation services company headquartered in Singapore, is committed to reducing its carbon emissions and addressing climate change. **Carbon Emissions Data:** * **2025:** Total emissions were approximately 452,724,000 kg CO2e. This comprised roughly 98,171,000 kg CO2e of Scope 1 emissions and approximately 104,439,000 kg CO2e of Scope 2 emissions (market-based). Scope 3 emissions accounted for about 254,314,000 kg CO2e, with purchased goods and services contributing approximately 19,719,000 kg CO2e and fuel and energy-related activities at around 31,181,000 kg CO2e. * **2024:** Total emissions were approximately 438,818,000 kg CO2e, with Scope 1 at about 105,178,000 kg CO2e and Scope 2 (market-based) at approximately 98,202,000 kg CO2e. Scope 3 emissions were around 234,596,000 kg CO2e. * **2023:** Total emissions were approximately 423,218,000 kg CO2e, including roughly 95,553,000 kg CO2e of Scope 1 emissions and about 97,124,000 kg CO2e of Scope 2 emissions (market-based). Scope 3 emissions totalled approximately 228,541,000 kg CO2e. * **2022:** Total emissions were approximately 756,647,000 kg CO2e, with Scope 1 emissions at about 283,937,000 kg CO2e and Scope 2 (market-based) at approximately 174,252,000 kg CO2e. Scope 3 emissions were around 472,710,000 kg CO2e. * **2021:** Total Scope 1 and 2 emissions were approximately 274,557,000 kg CO2e, with Scope 1 at about 125,349,000 kg CO2e and Scope 2 at approximately 149,208,000 kg CO2e. Scope 3 data was not disclosed for this year. * **2020:** Total emissions were approximately 287,250,000 kg CO2e, comprising about 108,302,000 kg CO2e of Scope 1 and 178,948,000 kg CO2e of Scope 2 emissions. Scope 3 data was not disclosed. * **2019:** Total emissions were approximately 270,528,000 kg CO2e, with Scope 1 at about 108,591,000 kg CO2e and Scope 2 at approximately 161,937,000 kg CO2e. Scope 3 data was not disclosed. * **2018:** Total Scope 1 and 2 emissions were approximately 284,806,000 kg CO2e, with Scope 1 at about 115,393,000 kg CO2e and Scope 2 at approximately 169,413,000 kg CO2e. Scope 3 data was not disclosed. * **2017:** Total emissions were approximately 286,518,000 kg CO2e, comprising about 122,508,000 kg CO2e of Scope 1 and approximately 164,010,000 kg CO2e of Scope 2 emissions. Scope 3 data was not disclosed. **Climate Commitments and Reduction Targets:** Hutchison Port Holdings Trust is committed to ambitious climate targets, aligning with the Science Based Targets initiative (SBTi). * **Net-Zero Commitment:** The company has committed to reaching net-zero greenhouse gas emissions across its value chain by 2050, using 2021 as a base year. * **Long-Term Targets:** * Aims to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from the 2021 baseline. * Commits to reducing absolute Scope 3 GHG emissions by 90% by 2050 from the 2021 baseline. * **Near-Term Targets:** * To reduce absolute Scope 1 and 2 GHG emissions by 54.6% by 2033 from the 2021 base year. * To reduce absolute Scope 3 GHG emissions by 32.5% by 2033 from the 2021 base year. * **Emissions Intensity Reduction:** HPHT has also pledged to reduce the emissions intensity of its overall operations by 5% by 2026, compared to the 2021 level. These targets are recognised by the SBTi as consistent with limiting warming to 1.5°C. The company's sustainability efforts are further detailed in their annual reports.